UPDATE: BT Talking To UK Govt About Cuts; Confirms Outlook
29th Jul 2010 09:49
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Telecommunications firm BT Group PLC (BT.A.LN) Thursday reiterated that it is in talks with the U.K. government over plans to slash public spending as it kept its full-year outlook and posted solid first-quarter results underpin
Read moreLondon open: Astra leads advance
29th Jul 2010 08:49
London's blue chips are cautiously higher in early dealings on Thursday as investors consider a bunch of corporate figures. AstraZeneca is the best performer in early dealings. The group's potential blockbuster heart drug Brilinta has received the backing of a US advisory panel just as the drug gia
Read moreMARKET TALK: BT Group 1Q Update Solid - Berenberg
29th Jul 2010 07:51
0651 GMT [Dow Jones] BT Group (BT.A.LN) reports a solid 1Q update, says Mandeep Singh at Berenberg Bank, with group revenues a little better than expected and Ebitda 2% ahead of consensus. Says FY guidance is unchanged, but the language sounds more cautious. Says the quarterly cashflow is very stron
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
29th Jul 2010 07:51
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0651 GMT [Dow Jones] BT Group (BT.A.LN) reports a solid 1Q update, says Mandeep Singh at Berenberg Bank, with group revenues
Read moreBT profit climbs, confirms outlook
29th Jul 2010 07:36
Telecoms leviathan BT reported a 17% rise in pre-tax profits in the first quarter and reiterated its full year outlook. The firm also said that it is in talks with the government over plans to cut public spending. "The UK government's recent announcement of spending cuts represents both opportunit
Read moreBT Talking To UK Govt About Spending Cuts; Confirms Outlook
29th Jul 2010 07:28
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Telecommunications firm BT Group PLC (BT.A.LN) said Thursday it is in discussions with the U.K. government over plans to slash public spending, as it reiterated its full-year outlook. BT, whose exposure to U.K. government sp
Read moreBSkyB Earnings, Sales Up On Strong Consumer Demand
29th Jul 2010 07:14
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Takeover target British Sky Broadcasting Group PLC (BSY.LN) Thursday reported solid fourth-quarter earnings and sales, bolstered by the take-up of its high-definition television offer. Chief Executive Jeremy Darroch said it
Read moreBSkyB Confirms Consumer 3D TV Channel Launch
28th Jul 2010 18:34
By Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--British Sky Broadcasting Group PLC (BSY.LN) Wednesday confirmed it plans to launch a 3D television channel for consumer subscribers on Friday Oct. 1. BSkyB, the U.K.'s biggest pay-television provider, said that those customer
Read moreThursday preview: Shell, Astra, BSkyB ...
28th Jul 2010 16:54
Anglo-Dutch titan Royal Dutch Shell is the last of the major integrated oil companies to report in the current results season. Until the recent Gulf of Mexico oil spill debacle it had been languishing somewhat in the shadow of long time rival BP but the travails of its beleaguered rival has taken s
Read moreOfcom targets broadband speed claims
27th Jul 2010 12:57
Broadband speeds in the UK are increasing but not to anywhere near the levels adverts from the telecoms companies suggest, regulator Ofcom said today. In fact, the gap between the actual speeds internet browsers receive and the speed advertised is getting wider, the telecoms watchdog said. In a su
Read moreUPDATE: Tech Mahindra 1Q Net Profit Up 9.1%, But Misses Forecast
26th Jul 2010 15:03
(Adds comments from executives, details, background.) By Kenan Machado and Dhanya Ann Thoppil Of DOW JONES NEWSWIRES BANGALORE (Dow Jones)--Tech Mahindra Ltd.'s (532755.BY) first-quarter net profit Monday rose 9.1% from a year earlier because of lower interest expenses, but the softwar
Read moreBT Group All Resolutions Approved At AGM
23rd Jul 2010 17:28
LONDON (Dow Jones)-- BT Group PLC (BT.A.LN), a communications services company announced Friday at its AGM that all resolutions have been approved, including resolution 2, approving the remuneration report for the year ended March 31, which was passed at 93.6%. MAIN FACTS: -Shares closed Fri
Read moreLondon close: Flat finish for Footsie
23rd Jul 2010 16:58
The day that was not without excitement, but shares were little changed overall amid uncertainty ahead of European banking stress tests due after the close. The best performing blue-chip was chip designer ARM Holdings . It was already higher, helped by strong results from US tech giant Microsoft ov
Read moreFinancial News: BT Holders On Hook For Bigger Pensions Bills
23rd Jul 2010 15:11
By Mark Cobley Of FINANCIAL NEWS Shareholders in BT Group PLC (BT), the telecoms group, could be lumbered with the full ongoing costs of servicing the company's GBP34 billion (EUR41 billion) pension scheme - following a regulator's initial ruling that customers cannot be asked to help pay do
Read moreLondon afternoon: KNOC ups Dana bid terms
23rd Jul 2010 14:36
Leading blue-chips continue to drift lower with investors happy to bank the week's profits ahead of the week-end and the announcement of the results of the European banking stress tests at 5:00pm today. Not surprisingly, banks feature prominently among the losers with Standard Chartered, HSBC and L
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